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I I I I I I I I I I I I I I I I I I I not owned by the workmen, which are consumed in the perform- ance of the Work, and cost less market value of such items used but not consumed which remain the property of Contractol". b. Rentals of all construction equipment and machinery and the parts thereof whether rented from Contractor or others in accordance with rental agreements approved by Owner with the advice of Architect, and the costs of transportation, loadinll, unloading, installation, dismantling and removal thereof - in accordance with term of said rental agreements. The rental of any such equipment, machinery, or parts shall CeaSE! when the use thereof is no longer necessary for the Work. c. Any sales, use or similar taxes related to the Work, and for which Contractor is liable, imposed by any governmental authority. d. Deposits lost for causes other than Contractor's negligence royalty payments and fees for permits and licenses. e. Losses and damages (and related expenses), not compensated by insurance or otherwise, to the Work or otherwise sustained by Contractor or in connection with the execution of the Work, provided they have resulted from causes other than the negli- gence of Contractor, any Subcontractor, or anyone directlY or indirectly employed by any of them or for whose acts any of them may be liable. Such loses shall include settlements made with the written consent and approval of Owner. No such losses, damages, and expenses shall be included in the Cost of the Work for the purpose of determining Contractor's Fee. If, however, any such loss or damage requires recon- struction and Contractor is placed in charge thereof, Con- tractor shall be paid for services a fee proportionate to tha'~ stated in paragraph 11.03.A. f. Cost of premiums for additional Bonds and insurance required because of changes in the Work. B. The term Cost of the Work shall not include any of the following: 1. Payroll costs and other compensation of Contractor's officers, executives, principals (of partnership and sole proprietorships), general managers, engineers, architects, estimators, lawyers, auditors, accountants, purchasing and contracting agents, ex- pediters, timekeepers, clerks and other personnel employed by Contractor whether at the site or in his principal or a branch office for general administration of the Work and not specifically included in the agreed upon schedule of job classifications referred to in subparagraph 11.2.A.1--all of which are to be considered administrative costs covered by Contractor's Fee. 2. Expenses of Contractor's principal and branch officers other than Contractor's office at the site. 3. Any part of Contractor's capital expenses, including interest on Contractor's capital employed for the Work and charges against -21-